-logarithmic form and derive an estimable system of Euler equations for inventories and employment with implied cross …

) inventories by adding joint determination of input inventories which largely have been ignored Empirically input inventories are … more important than output inventories especially in business cycle fluctuations Maximum likelihood estimation of the …

-logarithmic form, and derive an estimable system of Euler equations for inventories and employment with implied cross …

-logarithmic form, and derive an estimable system of Euler equations for inventories and employment with implied cross …

inventories: materials (input) inventories facilitate the production of finished goods, while finished goods (output) inventories … cyclicality of inventory investment and inventory-to-target ratios. Although inventories are an important element of the model … parameters associated with inventories play a minor role in reducing the volatility of output. …

cost of holding inventories. Both channels have equilibrium effects that are amplified and propagated over time through … inventories, which serve as a way to both smooth production and facilitate greater sales at a given price. Through the estimation … played by inventories. A temporary 100 basis point increase in both interest rates causes vehicle production to fall 12 …